I ended up near near even today. DIS, LMT and ABBV did the bulk of the heavy lifting for me. Not patting myself on the back or anything but its why I like my portfolio to have some balance to it.
Everything took an ass kicking, not just ARK. All of my ETFs were down for the day
Boomer stocks are holding up pretty well in the pre-market. This looks less like a crash and more like a rotation. Hopefully nothing happens to spook people and it turns into a rout.
today was such a shitshow. my portfolio took a huge beating.
I'm back in UWMC (our old pal, GHIV), its below 8 after hours and if its such a good company with great earnings and a good dividend, how can I say no? I'm addicted to buying during red shitshows.
I go long about 99% of the time. I used to short fairly often because tickers would do what they were supposed to do, but in this clown market, stupid tickers go up for no reason. Lucklin Coffee and Hertz comes to mind.
One short I am sure of is Tesla. I just wish I had the capital to do it. Tesla's market cap is higher than the next 12ish car companies combined. It's popularity has it waaaaaaay over valued, and when that bubble finally pops, people are going to be left holding some seriously big fuckin bags. Just my 2 cents...
People have went bankrupt shorting TSLA. The cult of Elon is not one to bet against.